Some of the new funding will be allocated to the establishment of Caffeine Studios, a production firm that will helm original content in the esports, gaming, sports, and entertainment verticals.
21st century fox
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21st Century Fox Tenders $100 Million Investment In Buzzy Livestreaming Platform Caffeine
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Jeffrey Katzenberg Raises $800 Million To Develop YouTube-Length Shows On Netflix-Sized Budgets (Report)
21st Century Fox and Warner Bros. contributed roughly $200 million to the funding round, with the rest coming from traditional venture capital firms.
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Sports-Centric Skinny Bundle FuboTV Raises $75 Million From Fox, AMC, Sky
Other investors in the company’s Series D included previous backers Luminari Capital, Northzone, and Scripps Networks Interactive -- which was recently acquired by Discovery.
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